IDG News May 31, Shanghai Telecom has announced the formal launch of Tianyi 3G “mobile payment” production site in Dalian and Shanghai Branch of Bank of Communications announced the signing of a strategic cooperation agreement, both sides will in the overall communication and information services, financial services, the areas of resource use to establish close strategic cooperative partnership. Analysis of the industry, with the continuous development of mobile Internet and corporate and personal credit system improved performance apparel Harbin, China Telecom will use its own technology, develop new business areas, expansion of value-added business services, and actively enter the field of mobile payments, full support for the construction of Shanghai international financial center. “Mobile payment” is based on China Telecom mobile application platform Tianyi launched a new electronic payment products, car rental companies in Harbin. Customers via SMS, WAP, client and other forms, the use of telecommunication accounts, payment cards, bank cards and other payment accounts to provide bill payment, mobile recharge, utilities payment, ordering goods and services, self-financing, brush self-consumption, and other mobile phone payment services. According to Shanghai Telecom official said, Tianyi “mobile payment” now available on mobile electronic ordering movie tickets, appointment of experts to pay doctors fees, payment of telecommunications, water, electricity utility bills, voucher and other services. Next month will introduce mobile phone banking business, as long as the phone card and bank card bound, we can directly transfer money using mobile phones, payment services, mobile phone stocks, funds, foreign exchange business, the business of gold and silver of the transfer, credit card money and other financial services. In addition, it was revealed directly in supermarkets, convenience stores, shopping malls and other businesses in the brush directly on the POS machine consumption of non-contact mobile phone credit card payments will soon be launched. According to reports, overwhelmed by Shanghai Telecom and Shanghai Branch of Bank of Communications signed a cooperation agreement, will recharge the phone, telecom billing inquiries, payment and other business entered a substantive stage of cooperation in the next 1-3 years, the two sides will also co-operation of public transport card, number of knowledgeable, customized mobile phones, IPTV and other fields the depth of cooperation. Bank of Communications Shanghai Branch Assistant Chenbi Jun said, “the two sides, combining the strengths of mutual cooperation, so that customers can not only enjoy the new features Tianyi 3G brings all the conveniences, and will also enjoy the Bank of providing full mobile banking position of financial services. The two sides will cooperate more closely to create bank-enterprise cooperation of the Shanghai Cooperation model. “” This will be the implementation of China use of mobile phone carrier famiwww.yanghen.cnly of electronic billing, mobile payment facilitation, billing notice, a milestone in information services. “For China Telecom, Shanghai Telecom has introduced the first domestic use of push-type mobile phone bill to pay for various forms of services paid through Information Services Co., Ltd. Shanghai, executive vice president spoke highly of pool Xiaobin, he said, mobile phone payment capabilities the phone communication tools from the original single derivative as a new means of payment and billing carriers, mobile electronic billing and payment, great convenience for the public “anytime, anywhere, carry” complete bill payment needs, but also fit the current cutting-edge IT technology “convenient, saving, environmental protection,” the development trend and the service concept. [Responsibility